American exceptionalism hasn’t come to an end, and we needn’t settle for 2% economic growth. What the U.S. needs is policies like Reagan’s, not Obama’s. By Phil Gramm and Michael Solon Dec. 1, 2017 6:40 p.m. ET The only sound basis for gauging the potential impact of public-policy changes is through...
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Category Archives: Tax Policy
The GOP’s ‘Tax the Rich’ Temptation
The top 10% of earners already pay 71% of federal income taxes—highest in the developed world. By Phil Gramm Given that the top 10% of income earners in America pay more than 71% of federal income taxes and do most of the saving, investing and innovating that fuel America’s economic...
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WH says corporate tax rate proposal is non-negotiable
Sep. 30, 2017 – 7:32 – Former Senate Banking Committee Chair Phil Gramm reacts to plan’s reduction from 35 percent to 20 percent. You can watch here....
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Trump tax plan will pass both houses: Fmr. Sen. Phil Gramm
Sep. 29, 2017 – 8:53 – Former Texas Sen. Phil Gramm (R) on why he thinks President Trump’s tax reform plan will pass both houses of Congress. You can watch here....
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Reagan Cut Taxes, Revenue Boomed
The model of tax-rate cuts and deregulation can work again to restore faster growth and lift incomes. By Phil Gramm and Michael Solon Aug. 3, 2017 6:51 p.m. ET A great advantage of having been present when history was made is that later you can sometimes recall what actually happened. Such institutional memory...
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Do You Want Reagan’s Economy or Obama’s?
The CBO failed to predict the tax-reform boom of the 1980s and the weak recovery in recent years. By Phil Gramm and Michael Solon The best way to gauge America’s capacity to reignite economic growth through tax reform is to move beyond congressional economic models and look to the empirical...
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How ‘Border Adjustment’ Poisons Tax Reform
The House’s 20% import fee is political industrial policy that will convulse the economy. Better to follow the 1986 model. By Phil Gramm The goal of tax reform is to collect revenues while reducing the distorting influence that taxes impose on economic efficiency and growth. The 1986 tax reform stripped...
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The search for bipartisan efforts to curb government spending
Feb. 09, 2017 -Former Sen. Phil Gramm, (R-Texas), on searching for the bipartisan efforts to force budget savings and spending restraints. Watch the video here....
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How Obama Transformed America
His progressive legacy won’t last because he passed vague laws and abused his executive power to impose policies that are unpopular. By: PHIL GRAMM Aug. 23, 2015 6:03 p.m. ET How did Barack Obama join Franklin Roosevelt and Ronald Reagan to become one of the three most transformative presidents in the...
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Economy less competitive now than 6 years ago: Phil Gramm
Former Sen. Phil Gramm, (R-Texas), explains why he thinks bad policies have led to an under performing economy. Watch the video here...
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